Question 1

What is the asking price for 560 MAIN, Springville?

Accepted Answer

560 MAIN, Springville is listed at $1,999,999.  This listing is currently active and available for showings.

Question 2

When was 560 MAIN, Springville built?

Accepted Answer

This property was built in 2022, making it 4 years old. As a newer construction, it likely features modern building codes, energy-efficient systems, and contemporary finishes.

Question 3

What type of property is 560 MAIN, Springville?

Accepted Answer

560 MAIN, Springville is a Commercial Sale (Office).  It is located in the FOXRIDGE subdivision.

Question 4

Is there an HOA for 560 MAIN, Springville?

Accepted Answer

No, this property is not part of a homeowners association, which means no monthly HOA fees. Homeowners maintain full control over their property without HOA restrictions or assessments.

Question 5

What are the property taxes for 560 MAIN, Springville?

Accepted Answer

Annual property taxes for this property are approximately $9,405 (about $784/month). This represents an effective tax rate of approximately 0.47% of the list price. Property taxes in Utah vary by county and are subject to change.

Question 6

How long has 560 MAIN, Springville been on the market?

Accepted Answer

This property has been listed for 240 days. The average days on market in Springville is 55 days, meaning this listing is taking longer than the local average. Extended time on market may present negotiation opportunities for buyers.

Question 7

What schools serve 560 MAIN, Springville?

Accepted Answer

There are 7 schools within 3 miles of this property. The highest-rated nearby school is Maple Ridge School with a 62% state performance score (2.5 miles away).

Question 8

What elementary school is near 560 MAIN, Springville?

Accepted Answer

The nearest elementary school is Cherry Creek School (0.2 miles away). State performance score: 55%. District: Nebo District. Propaired provides full school ratings and comparison data for all schools in this area.

Question 9

How good are the schools near 560 MAIN, Springville?

Accepted Answer

Of the 7 schools within 3 miles, 7 have state performance data with an average score of 57%.  School quality is a key factor in home values — properties near top-rated schools typically command a 5-10% premium. Visit each school's detail page on Propaired for full performance breakdowns.

Question 10

How does this listing compare to the Springville market?

Accepted Answer

560 MAIN, Springville is listed at $1,999,999, which is above the Springville median of $487,100 by $1,512,899. There are currently 103 active listings in Springville. Homes in Springville sell in an average of 55 days. The average sale-to-list ratio is 99.3%.

Question 11

What is the Springville real estate market like in 2026?

Accepted Answer

In 2026, the median home price in Springville is $487,100. There are currently 103 active listings. Homes sell in an average of 55 days. The average sale-to-list ratio is 99.3%. This listing at $1,999,999 is above the Springville 2026 median.

Question 12

Are there other homes for sale in Springville?

Accepted Answer

Yes — there are currently 103 active listings in Springville. Browse all Springville homes for sale at propaired.ai/listings/ut/springville. Prices range around a median of $487,100. Homes in Springville are selling in about 55 days on average.

Question 13

How does this price compare to the Utah state average?

Accepted Answer

At $1,999,999, this property is above the Utah state median of $517,990 by $1,482,009. Springville prices are 6% below the state average. Utah's housing market varies significantly by region — front-range cities near SLC are typically more expensive than rural areas.

Question 14

What would homeowner's insurance cost for 560 MAIN, Springville?

Accepted Answer

Homeowner's insurance in Utah typically ranges from 0.3% to 0.5% of the home's value annually. For a home listed at $1,999,999, expect approximately $6,000-$10,000/year ($500-$833/month).   Get multiple quotes — rates vary significantly by insurer.

Question 15

What are the estimated closing costs for 560 MAIN, Springville?

Accepted Answer

Closing costs in Utah typically range from 2-5% of the purchase price. For a home at $1,999,999, expect approximately $40,000-$100,000 in closing costs. This includes title insurance, escrow fees, lender fees, recording fees, and prepaid items (insurance, taxes). Buyers should also budget for a home inspection ($300-$500), appraisal ($400-$600), and any lender-required reserves.

Question 16

How does the property tax compare to the list price at 560 MAIN, Springville?

Accepted Answer

The annual property tax of $9,405 represents an effective rate of 0.47% relative to the list price of $1,999,999. This is below the Utah average effective rate of approximately 0.58%, which is favorable for the buyer. Property taxes in Utah are assessed by the county and can change when the property is sold.

Question 17

Is 560 MAIN, Springville eligible for FHA or VA financing?

Accepted Answer

At $1,999,999, this property may exceed standard FHA loan limits and could require a conventional or jumbo loan. VA loans have no price cap but require VA eligibility.    Consult a mortgage lender for personalized eligibility.

Question 18

Could 560 MAIN, Springville be a 1031 exchange property?

Accepted Answer

Yes, 560 MAIN, Springville could potentially qualify for a 1031 like-kind exchange if used as an investment or business property. A 1031 exchange allows deferral of capital gains taxes by reinvesting proceeds from one investment property into another. Key requirements include identifying a replacement property within 45 days and closing within 180 days. The property must be held for investment purposes — personal residences do not qualify. Consult a qualified intermediary and tax advisor for specific guidance.

Question 19

What is the price trend in Springville?

Accepted Answer

Springville's median price has decreased 23.5% month-over-month. Current median: $487,100. Days on market have increased by 71.1% month-over-month. Homes are selling at 99.3% of list price on average. Monitor these trends to time your offer strategically.

Question 20

How do nearby schools rank statewide?

Accepted Answer

Of the 7 nearby schools with state rankings, the highest-ranked is Reagan Academy at #152 statewide (56% performance score). Other ranked nearby schools include Hobble Creek School (#244) and Art City School (#282). Utah has approximately 1,000+ public schools, so a top-200 ranking indicates a strong-performing school.

Question 21

Is 560 MAIN, Springville move-in ready?

Accepted Answer

Property condition is listed as: Blt./Standing.

Question 22

Does 560 MAIN, Springville come with a home warranty?

Accepted Answer

No home warranty is currently included with this property. Buyers can request a home warranty as part of the purchase negotiation — they typically cost $400-$700/year and cover major systems and appliances. This is especially valuable for older homes.

Question 23

What is the lot like at 560 MAIN, Springville?

Accepted Answer

The lot is 0.46 acres.     Lot characteristics affect usability, privacy, and future improvement potential.

560 MAIN, Springville, UT 84663

560 S MAIN ST, Springville, UT 84663

About This Property

Property Info

Financial

Parking

Schools

All Property Details

Property Info

Financial

Lot & Land

Parking

Amenities

Timeline

Springville Market Context

Crime & Safety

Springville compared to:

vs National Average (FBI UCR 2024)

Connect with a Buyer’s Agent

Find Your Dream Home

Frequently Asked Questions

Discover